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Ritchie Bros to Acquire IAA

November 8, 2022 By CollisionWeek Editor

Acquisition combines complementary businesses with vision to create a next-generation global marketplace for commercial assets and vehicles. Ritchie Bros. Auctioneers Incorporated (NYSE:RBA) (TSE: RBA) and IAA, Inc. (NYSE: IAA), announced an agreement for Ritchie Bros. to acquire IAA in a stock and cash transaction valued at approximately $7.3 billion including the assumption of $1.0 billion […]

Filed Under: News Tagged With: Acquisitions, Illinois, Insurance Auto Auctions, Ritchie Bros

Jeff Silver, Former I-CAR Leader and Shop Owner, Passes Away

September 26, 2022 By CollisionWeek Editor

Silver was chief staff executive at non-profit training organization for 11 years. Was driving force behind establishment of Collision Repair Education Foundation. The Inter-Industry Conference on Auto Collision Repair (I-CAR) announced on Friday that Jeff Silver, who served as the chief staff executive of the non-profit training organization from 1985 to 1996 has passed away […]

Filed Under: News Tagged With: I-CAR, Illinois, Obituaries

Crash Champions Acquires Collision Repair Center in Schaumburg, Illinois

September 26, 2022 By CollisionWeek Editor

Crash Champions, LLC today announced it has acquired Nationwide Auto Body, a single location collision repair center located at 665 W. Wise Rd, in Schaumburg, Ill.  The acquisition continues Crash Champions’ strategic national growth strategy, now with more than 50 locations in Illinois “The Crash Champions family continues to grow nationwide, but the Chicagoland area […]

Filed Under: News Tagged With: Acquisitions, Crash Champions, Illinois

I-CAR Celebrates Grand Opening of Chicago Technical Center

August 25, 2022 By CollisionWeek Editor

The Inter-Industry Conference on Auto Collision Repair (I-CAR), marked the official opening of its new Chicago Technical Center (CTC) yesterday “I-CAR’s mission is to deliver increasingly accessible, on-demand and relevant education, knowledge, services and solutions for the collision repair inter-industry, and our new technical center in metro Chicago serves as another beacon of progress and […]

Filed Under: News Tagged With: I-CAR, Illinois, Openings

SCRS Announces KECO Donation to Collision Repair Schools in Montana and Illinois

July 29, 2022 By CollisionWeek Editor

During its April 2022 Open Board Meeting, the Society of Collision Repair Specialists (SCRS) announced a collaboration with KECO Body Repair Products to gift a tool and training package to one collision industry educational institution per quarter. Schools are nominated by SCRS Affiliate Associations. The affiliates were encouraged to nominate schools in their market that […]

Filed Under: News Tagged With: Career and Technical Education, Donations, Illinois, Montana, Society of Collision Repair Specialists

Service King Opens Collision Repair Center in Chicago

July 6, 2022 By CollisionWeek Editor

Service King Collision announced the opening of a new collision repair center at 2738 West Fulton St. in Chicago, Ill. Located just east of Garfield Park, the 22,000-square-foot collision repair center is Service King’s 35th facility in Illinois. “We’re proud to introduce our industry-leading auto repair services to Chicago and its surrounding communities,” said Service […]

Filed Under: News Tagged With: Illinois, Openings, Service King Collision Repair Centers

Volvo Trucks Academy Opens New Illinois Facility to Better Serve Electric Truck Training

May 25, 2022 By CollisionWeek Editor

Volvo Trucks North America announced today that the Volvo Trucks Academy opened a new facility in Tinley Park, Illinois, to expand access to battery-electric truck training in the central U.S. The new 14,865-square-foot facility is larger and more modern than the previous Illinois training facility, enabling Volvo Trucks to provide more robust, hands-on learning opportunities […]

Filed Under: News Tagged With: Electric Vehicles, Illinois, Openings, Training Center, Volvo Trucks

IAA Expands Illinois and Iowa Branches

March 30, 2022 By CollisionWeek Editor

IAA, Inc. (NYSE: IAA) announced the expansion of branches in Iowa and Illinois. Capacity has doubled at the IAA Des Moines (Iowa) branch and IAA St. Louis (Ill.) has increased capacity by approximately 30%. The expansions will help to meet increased demand in the growing Midwestern market. “The branch expansions in Illinois and Iowa will […]

Filed Under: News Tagged With: Illinois, Insurance Auto Auctions, Iowa, Openings

I-CAR Provides Update on Chicago Technical Center Construction

March 16, 2022 By CollisionWeek Editor

As construction of the 48,000 sq. ft. Chicago Technical Center (CTC) in Vernon Hills moves forward, another tangible symbol of I-CAR’s 43-year-old mission is unfolding for the collision repair inter-industry, explained I-CAR CEO & President John Van Alstyne. “I-CAR’s mission is to deliver increasingly accessible, on-demand and relevant education, knowledge, services and solutions for the […]

Filed Under: News Tagged With: I-CAR, Illinois, Openings

UTI Announces Purchase of Lisle, Illinois Campus from Joint Venture Partner

February 16, 2022 By CollisionWeek Editor

Universal Technical Institute (UTI) announced the completion of a series of transactions resulting in the 100% ownership of its Lisle, Ill. campus through a wholly owned subsidiary, 2611 Corporate West Drive Ventures, LLC (2611 CWD). This was accomplished by the acquisition of the approximately 72% ownership of 2611 CWD previously held by iStar Net Lease […]

Filed Under: News Tagged With: Acquisitions, Illinois, Universal Technical Institute

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